Centrica is open to offers for its 20% stake in eight nuclear power stations, its chief executive has admitted. The British Gas owner holds the stake in the former British Energy alongside France’s EDF, but chief executive Iain Conn has been steering Centrica away from power generation. China is a possible buyer, but that would face political opposition. “There are very few buyers of nuclear assets acceptable to the government and EDF,” Conn added.
Times 26th Nov 2017 read more »